Notice 2024-006 – Upcoming Changes to CSE Trading Fees

Thursday, October 17, 2024

The Canadian Securities Exchange (CSE) has received regulatory approval to introduce changes to the CSE trading fee schedules that will take effect on November 1, 2024. 

Following a comprehensive review of the CSE fee structures across CSE and CSE2, these changes were designed to align with industry standards and offer additional fee optionality across both books and multiple categories including ETFs and Inter-listed securities.

Key Highlights of Fee Changes Effective November 1:

CSE Book

• The fee structure for Other-Listed securities will change to a make-take fee model.
• New fee categories will be created for ETFs and for Inter-Listed securities.
• Zero fee odd lot trading will be introduced for Other-Listed securities.
• Passive and active dark trading will become fee liable.
• Market Maker pricing will be adjusted to reflect the above changes.

CSE2 Book

• The fee structure for odd lot trading will change to a take-make (inverted) fee model.
• Passive dark trading will become fee liable.

For ease of reference, a document summarizing the fee changes is available here.

Quick Links:

• New CSE Trading Fee Schedule
• New CSE2 Trading Fee Schedule

If you have any questions or require further information, please contact:

Matthew Lee – matthew.lee@thecse.com
Philip Cox –  philip.cox@thecse.com
Mackenzie Silliker – mackenzie.silliker@thecse.com

Or, for general enquiries on fees, please contact trading@thecse.com.